The White Law Group Files Second FINRA Arbitration Claim Involving Traderfield Securities and Broker Vincent Camarda
Chicago, Illinois – The White Law Group announces that it has filed a second FINRA arbitration claim against Traderfield Securities, Inc., alleging that the firm failed to properly supervise former broker Vincent J. Camarda in connection with recommendations to invest in AGM Capital Fund II LLC.
The new claim was filed on behalf of a married couple in their 80s—a retired husband and a semi-retired teacher—and seeks damages between $100,000 and $300,000. According to the claim, the investors reportedly suffered substantial losses after being recommended a high-risk, illiquid private placement unsuitable for their age, financial circumstances, and investment objectives.
Statement from The White Law Group
“Too often we see elderly investors pushed into complex, high-risk private offerings that are wholly inappropriate for their financial needs,” said Dax White, Managing Partner of The White Law Group. “Brokerage firms have a clear responsibility to supervise their advisors and ensure recommendations are suitable. When firms fail to uphold that duty, vulnerable investors pay the price—and our goal is to help them recover those losses.”
Background on Vincent Camarda and Traderfield Securities
The claimants in this case are among a growing number of investors alleging losses tied to an investment scheme connected to A.G. Morgan Financial Advisors, LLC (AGM) and its principal, Vincent Camarda. These allegations closely align with misconduct described in 27 customer disputes disclosed on Camarda’s FINRA BrokerCheck report, as well as a major SEC enforcement action.
SEC Civil Charges Filed in 2022
In June 2022, the U.S. Securities and Exchange Commission (SEC) filed a civil complaint against AGM and Camarda for conducting an unregistered securities offering that raised over $75 million from more than 200 investors.
According to the SEC:
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Between August 2017–November 2017 and December 2018–July 2020, AGM, Camarda, and former CCO James McArthur solicited investors to purchase promissory notes tied to a more than $500 million unregistered offering by Complete Business Solutions Group d/b/a Par Funding.
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During this same period, AGM and Camarda owed approximately $750,000 to Par Funding through “merchant cash advance” loans—conflicts that were not disclosed to advisory clients.
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Camarda assured at least two investors that the Par Funding notes were “safe,” despite the undisclosed debt and personal guarantees.
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AGM, Camarda, and McArthur collectively collected over $7 million in compensation from their sales of the unregistered securities.
The SEC alleges violations of Sections 5(a) and 5(c) of the Securities Act, Sections 206(1) and 206(2) of the Advisers Act, and Section 15(a)(1) of the Exchange Act.
Claims Against Traderfield Securities
The White Law Group’s claim alleges that Traderfield Securities failed to properly supervise Camarda and permitted the sale of unsuitable, high-risk investments such as AGM Capital Fund II LLC to elderly investors.
Brokerage firms have a duty to:
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Conduct reasonable due diligence on alternative investments,
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Ensure recommendations align with the customer’s financial profile, and
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Supervise brokers to prevent misconduct and protect investors.
FINRA Arbitration as a Means of Recovery
Investors who were sold unsuitable or improperly vetted private placements may be entitled to recovery through FINRA Dispute Resolution. Brokerage firms can be held liable for losses stemming from negligent supervision, misrepresentation, and unsuitable investment recommendations.
The White Law Group continues to investigate claims involving Traderfield Securities, Vincent Camarda, and investments associated with AGM Capital Fund II LLC.
Contact the Securities Attorneys at The White Law Group
If you suffered losses investing with Vincent Camarda or Traderfield Securities, call The White Law Group at (888) 637-5510 for a free consultation.
Last modified: December 12, 2025
